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Re: navy_seal_team_one post# 63812

Wednesday, 04/22/2009 7:52:17 AM

Wednesday, April 22, 2009 7:52:17 AM

Post# of 289423
navy_seal_team_one, I'm not advocating the $1+ PPS here because this would need a miracle but I have to make a correction about BBDA vs EESO shares. EESO float seems to be more than that of BBDA's (about 1.6 times BBDA float). This is from my post #59824 (corrected).

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...a quick comparison shows the following (sources are iBox on BBDA and EESO boards):

EESO SHARES STRUCTURE:
----------------------
New O/S: 1,688,609,857 confirmed by MOJOCASH 3/6/09 (4 million reduction BUY BACK)

3/20/09: 300 million restricted stock put into special account.
Total: 1,988,609,857
A/S: 2,000,000,000


BBDA:
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Common Stock Outstanding: 1,069,087,549 shares as of, November 5, 2008.

Authorized Shares: 1,405,000,000

This says the following:
BBDA O/S = 53% of EESO total O/S.
BBDA O/S = 63% of EESO total O/S minus restricted.
BBDA A/S = 70% of EESO A/S.

I could not get the float for both to compare it too.

EESO went from around 0.0002 in September 08 to above 0.04 in February 09 (chart below):
http://stockcharts.com/h-sc/ui?s=EESO&p=D&yr=0&mn=8&dy=0&id=p07047913539

I'm not trying here to say that BBDA will follow suit as EESO but to show that it is almost sure that BBDA's current share structure is not a hindrance to reaching a high PPS (we still need to compare floats to be say this surely). If BBDA's management proved a value then the PPS can see similar levels.

Your money, your decisions.